PEARCE GAS UNIT

Operated by EQV OPERATING LLC (P-5 101634) in the LANSING, N. (COTTON VALLEY, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 243264District 06Field 52002050CondensateGasSaveExport
Value, all time
$590 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 54 leases and 54 wells, and the rule below applies to all of them.

Discovered
1978-12-26
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-04-23.

The Commission's schedule remark for this field reads: PERTAINING TO PERMITTING.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition4,132 bbl$73,548
GasProduction161,438 Mcf$516,400
Total$589,948

52,279 Mcf of this lease's gas, across 44 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.5794, -94.6811. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57936, -94.68110 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,799 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,799 ft.

Completions filed
Jan 1985
1 of 1 wells

1 well

42-20330662110,799 ftJan 1985

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201335088.853.74$3,110
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20131194.834.15$99
Apr 20130093.964.28$0
Mar 20132293.623.91$195
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20112286.504.59$182
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201003973.684.42$172
Jul 2010018372.554.74$867
Jun 2010016870.364.91$825
May 2010017271.124.24$728
Apr 2010015481.694.12$635
Mar 2010012078.394.39$527
Feb 2010044273.585.44$2,406
Jan 2010027274.365.96$1,622
Dec 2009022971.445.48$1,256
Nov 2009020374.593.75$762
Oct 2009020872.544.11$855
Sep 2009019765.543.06$604
Aug 2009024167.423.22$776
Jul 2009027961.133.46$967
Jun 2009018866.163.90$732
May 2009034454.743.93$1,350
Apr 2009037246.773.59$1,335
Mar 2009036542.144.06$1,482
Feb 2009041032.814.63$1,900
Jan 2009099935.865.37$5,366
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 200806275.246.92$429
Sep 20080504101.767.88$3,970
Aug 20080603114.228.48$5,115
Jul 20080870131.0811.39$9,909
Jun 20080676131.3313.03$8,810
May 20082761123.1711.57$9,054
Apr 20080738110.3110.45$7,716
Mar 20080784101.909.66$7,577
Feb 2008073292.538.77$6,420
Jan 2008076490.388.21$6,269
Dec 20074388388.337.30$10,246
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006097954.207.62$7,458
Oct 200601,05354.906.01$6,333
Sep 200601,14860.085.04$5,783
Aug 200601,29068.717.34$9,469
Jul 200601,17469.376.34$7,446
Jun 2006082266.286.38$5,248
May 200601,78866.016.42$11,488
Apr 200601,19364.397.36$8,781
Mar 200601,67656.707.08$11,871
Feb 2006049057.597.75$3,798
Jan 2006053560.598.93$4,779
Dec 2005051054.9413.42$6,842
Nov 2005041654.6910.59$4,405
Oct 2005054558.3413.80$7,519
Sep 2005054061.4512.08$6,523
Aug 2005054061.519.80$5,290
Jul 2005054855.697.84$4,298
Jun 2005053352.337.38$3,934
May 2005055545.226.65$3,691
Apr 2005053749.207.36$3,953
Mar 2005051650.377.15$3,692
Feb 2005056345.226.31$3,554
Jan 2005048143.166.32$3,041
Dec 2004064639.866.75$4,361
Nov 2004064345.286.33$4,070
Oct 2004073849.706.52$4,808
Sep 2004067843.245.28$3,582
Aug 2004081542.375.55$4,524
Jul 2004079338.286.08$4,825
Jun 2004069836.106.43$4,490
May 2004078037.486.49$5,066
Apr 2004061834.475.86$3,621
Mar 2004170134.365.53$3,911
Feb 2004164732.455.51$3,597
Jan 2004069032.036.30$4,347
Dec 2003065730.266.30$4,140
Nov 2003050028.804.60$2,298
Oct 2003075928.174.76$3,613
Sep 2003075526.314.75$3,586
Aug 2003071629.765.13$3,673
Jul 2003065829.415.17$3,402
Jun 2003070328.565.98$4,206
May 2003080926.595.97$4,832
Apr 2003076226.675.41$4,120
Mar 2003077031.146.10$4,694
Feb 2003065033.487.93$5,152
Jan 2003074630.315.58$4,164
Dec 2002068926.914.85$3,344
Nov 2002061024.664.14$2,524
Oct 2002060926.464.23$2,576
Sep 2002050527.443.64$1,836
Aug 2002059425.963.16$1,880
Jul 2002045724.583.06$1,399
Jun 2002050523.733.34$1,686
May 2002078324.663.58$2,806
Apr 2002053523.653.51$1,879
Mar 20027839622.003.10$2,945
Feb 2002460218.222.38$1,503
Jan 200251,24517.172.38$3,044
Dec 200151,02216.932.36$2,501
Nov 2001392118.072.41$2,270
Oct 200112,28619.782.53$5,801
Sep 200182,20824.262.25$5,165
Aug 200161,29224.873.05$4,094
Jul 2001087423.933.20$2,794
Jun 2001076024.563.82$2,906
May 2001033125.524.31$1,426
Apr 200101,75824.685.34$9,379
Mar 200101,26024.545.38$6,774
Feb 2001035627.755.77$2,053
Jan 2001369427.478.40$5,911
Dec 200012045026.889.12$7,331
Nov 2000037132.215.66$2,099
Oct 2000063331.235.15$3,257
Sep 2000053431.875.19$2,770
Aug 2000052529.644.54$2,384
Jul 2000055328.534.09$2,262
Jun 2000047929.304.40$2,106
May 2000072227.263.68$2,657
Apr 2000067324.513.12$2,097
Mar 2000073428.422.86$2,099
Feb 2000169427.622.73$1,920
Jan 2000049525.272.48$1,228
Dec 1999030824.282.42$747
Nov 1999051923.192.43$1,263
Oct 199901,11120.982.80$3,115
Sep 1999039321.752.62$1,029
Aug 199901,00319.262.88$2,884
Jul 1999088017.892.37$2,088
Jun 1999074315.942.36$1,755
May 1999095215.792.32$2,210
Apr 199901,32115.102.21$2,917
Mar 199901,23612.471.84$2,272
Feb 199909189.981.82$1,669
Jan 199901,33010.381.90$2,527
Dec 199801,1609.201.77$2,057
Nov 199801,15610.892.19$2,527
Oct 199801,01612.421.97$2,001
Sep 1998075112.592.08$1,564
Aug 199801,14111.301.91$2,176
Jul 199801,01011.742.24$2,260
Jun 1998095011.242.24$2,125
May 1998086812.622.21$1,915
Apr 1998091013.042.51$2,280
Mar 1998295712.802.31$2,236
Feb 1998090613.952.30$2,083
Jan 1998040514.702.15$873
Dec 1997090116.322.41$2,172
Nov 199701,26818.193.09$3,916
Oct 199721,10919.253.15$3,532
Sep 1997071617.742.95$2,116
Aug 1997060917.862.55$1,556
Jul 1997066117.582.25$1,485
Jun 1997079917.242.26$1,804
May 1997099518.972.31$2,297
Apr 1997090717.882.08$1,889
Mar 1997099418.951.94$1,928
Feb 1997069220.492.21$1,526
Jan 199701,07823.483.54$3,816
Dec 199601,10723.32$0
Nov 199601,13421.97$0
Oct 199601,18423.31$0
Sep 199601,20522.22$0
Aug 199601,17420.26$0
Jul 199601,66519.55$0
Jun 199602,11418.73$0
May 199604,01019.43$0
Apr 19961221.51$22
Mar 19960019.38$0
Feb 19960616.98$0
Jan 19960617.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 199505115.43$0
Sep 19950016.18$0
Aug 19956640715.92$1,051
Jul 1995145015.24$15
Jun 199511786116.41$1,920
May 19951831,11217.56$3,213
Apr 19951101,38417.73$1,950
Mar 1995631,33016.44$1,036
Feb 19952541,03116.58$4,211
Jan 199531,29115.92$48
Dec 199417982315.03$2,690
Nov 19941821,80115.90$2,894
Oct 19946374915.58$982
Sep 19948977315.29$1,361
Aug 199410470316.13$1,678
Jul 1994981,03917.56$1,721
Jun 19949587517.09$1,624
May 19941901,12815.88$3,017
Apr 19941051,25414.14$1,485
Mar 19943131,48412.46$3,900
Feb 199421,33712.50$25
Jan 199418994112.66$2,393
Dec 199321,16512.33$25
Nov 19932631,28014.49$3,811
Oct 199331,22515.85$48
Sep 19931071,14215.03$1,608
Aug 199314091015.66$2,192
Jul 199324581815.46$3,788
Jun 1993991,55816.79$1,662
May 1993532,05117.68$937
Apr 19931702,23118.05$3,069
Mar 19931461,94618.14$2,648
Feb 19931672,21317.90$2,989
Jan 199351,30916.93$85

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Nov 2013 — as filed, then multipliedworked
Condensate            35 bbl  × $ 88.85 =     $3,110
Gas                    0 Mcf  × $  3.74 =         $0

────────────────────────────────────────────────────
Month total                                   $3,110

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/243264 is the state's own key, not one this site invented.